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's what i've done. cut metal -- taxes on middle-class families and small businesses that create jobs, and over burdensome regulations on our farmers. make sure we keep our promise to seniors on medicare, as well as make sure we support our military and support the niagara falls -- also have to make sure we balanced the budget the right way. i've been so blessed to live the american dream. just like my mom and dad by starlight together in a trailer in the shadows of the steel plant. i promise to continue to be strong independent voice and a fighter to make sure everyone in this great country has the same shot i take it that's my commitment to you. collins: well, good evening. i'm chris collins. i'm running for congress to do my part to help restore the promise of the american dream for our children and our grandchildren. our country is at a tipping point. my granddaughter turned one just last saturday. she has $52,000 of debt. federal debt at her feet. my two kids in college are worried they're not going to have a job when they graduate. that's unacceptable. my 85 year-old mom is worr
payroll tax to gross receipt tax and why? because by doing that we can create jobs in san francisco and keep people in san francisco . the kids are growing up and we want them to stay but we need jobs. i agree with mr. crowley with the police force and make sure that is fully staffed and i have been speaking to the police athletic league and they have a program to breen the teenagers to be interns in the police force and they would feed into the police cadet program. thank you. >> thank you sir. the next question the city's liabilities are projected to increase in the next coming year. s what new or increased fees should it institute and i will repeat the question and we will begin with mr. crowley. >> i would say that one of the bigger things that we will have before us is the gross receipts tax check that norman talked about trading from the payroll tax which is punitive. the next thing i would do is increase the foot print on mos sony center and that brings in a lot of money to the general fund and erect a multi-purpose area and bring in more money to the coffers and a green i
of the rentals are illegal and the hotel tax is not collected. should the city legalize some or all of the arrangements and collect a hotel tax and we will begin with you -- i will be glad to repeat the question. >> i honestly don't know how you would enforce a law like that. of course everyone should pay their fair share but i don't know how you could enforce that. i believe we should standardize the inlaw units, maybe sure they're up to code and regulate any new units but as far as taxation i cannot see how you could actually enforce that and collect the taxes on it. >> thank you sir. mr. yee. >> cheryl i just want to make sure -- >> i can repeat it. there is internet base market for short base rentals and they sublease units to visitors and tourists and many are illegal and the city's hotel tax is not collected. should the city legalize these arrangements and collect the hotel tax? >> i traveled to different countries and i go to the internet and they have hotels and these rentals advertise and i have used these apartments as rentals for either a few days or one week and it's
the foundation for by a diesel. i extended the tax credits so ethanol could grow. are represented #one renewable energy producing district in north america. from a business standpoint, government does not create jobs. government has to get out of the ways of of entrepreneurs can have a chance for profit and it will invest their capital. that turns into jobs and that is prosperity. government needs to have a low, stable, predictable tax rate so the trillions of dollars that are stranded because of the decision will be invested in the decision. we have to lower our regulation burden on businesses. when i was in business, i counted 41 businesses regulated by trade and our number -- there are more now. no one would dare say they are in compliance with all federal regulations because eventually government would come in and shut them down. >> what year do you say the u.s. economy will be fully recovered? >> that's a hard thing to measure. we don't know who the -- who would win the election and if i did that i would be more bold in my prediction. if we win a majority, we will hold a majority in the hou
johnson, if the city needs to generate new revenue to balance its budget, what new or increased taxes or fees should it consider? çk w miss breed, mr. everett and mr. johnson. >> london breed. i think part of what i see is a lot of waste and i also see a lot of very high salaries. i think we need to start by making sure, for example, when not going to pay for bottled water and that saved the city millions of dollars. i think we need to start looking at things, like cutting the costs on the number of vehicles we use, gas and some of the basics in order to save revenue in that capacity. we also need to look at the salaries. i know that we, as members of the board of supervisors, that is a little bit more difficult, because we get into potentially micromanaging. but in terms of fees, there are a number of ways to look at new fees, but i do think that we need to manage what we have now in a responsible way before we start to open the door to new opportunities to increasing revenue for the city. >> thank you. mr. everett. >> what we need to do is stop raising revenue off the backs of p
on board of supervisors file no. 120965 [business and tax regulations code - prevent termination of payroll expense tax exclusion for small business net new payroll if voters adopt gross receipts tax]. this is ordinance amending the san francisco business and tax regulations code article 12-a by amending section 906.5 to prevent the payroll expense tax exclusion for small business net new payroll for years 2012 through 2015 from terminating in the event the voters of the city and county of san francisco pass a gross receipts tax. and your binder is the file number legislative digest, and we have a presentation by margo kelly, legislative aid to supervisor mark farrell. >> welcome. >> again, i'm a legislative aid to supervisor farrell. i'll be speaking on behalf of him today. the legislation that is before you today, it's clean-up legislation to supervisor farrell's payroll expense tax exclusion that was before this commission earlier this year. the original intent of the original legislation was for small businesses to take advantage of this from 2012 to 2015. and it was actually drafted be
enough. we have to much burdensome regulation. we still raised taxes during this recession which we drove back. personal income tax and we need to create a stable business environment. we have not done a good enough job creating that environment and that is borne out by the numbers. >> where do you stand on your blueprint for delaware? >> we have implemented the majority of items in their and we have more to go. some of them we did not have the resources. i said we ought to create a delaware version of a cops bill. we have made progress there as well. it is not spin to the hundreds of workers were back at the refinery. it is not spin to the people who decided to expand in delaware. it is not spin to the folks at foxfire printing who are adding dozens of jobs. it is not spin to the people at jpmorgan chase. these are real jobs, real families being put back to work. >> fill free to offer your opinion. >> 18,000 additional individuals who have dropped out of the work force, people who have taken part-time jobs, we can argue back and forth about the numbers but those people go to the polls an
statistical interesting facts are that we are one of the least taxed states in the nation. the least. we have no income tax, no sales tax. the democratic and republican candidates will pledge on that issue, saying they will not have an income tax or sales tax. our two gubernatorial candidates right now are both running on that issue. host: neil levesque, about the recount laws in the state of new hampshire. is it possible that there could be a recount in this state and what are the rules for that? guest: we have specific rules for the state. we have a fine secretary of state, bill gardner, quite experienced in this. he's the person who has been the keeper of the flame for the new hampshire primary. we had a famous account here in the late '70's with senator john durken who recently passed away. frankly, i don't see it coming down to that. we will see what happens on tuesday. i think other states may be more likely to have a recount and new hampshire. host: do you have voter id laws? guest: yes, and there's some controversy. the legislature passed a voter -- a new voter law that required peopl
and tax collector and obtain a bond that means the city has the exclusive beneficiary. that's something that we need to happen to protect the city. the bonding requirement is there for that very purpose to safeguard the city in case an operator fails to remit the taxes and collects on behalf of the city. the bonding requirements currently range from 20,000 to $800,000 depending on the annual gross receipts from the parking station. since these bonding rates were passed, the financial crisis has made it quite difficult for certain operators to get a large line of credit without actually owning significant assets. this has disadvantaged in particular many small parking operators who do not have sufficient capital to obtain the necessary bond. it has also impacted larger operators who have operated in good faith and have a proven record of responsible third-party tax collection. so, in order to continue to protect the city -- so, we essentially have to strike the right balance between requiring the bond, but also recognizing the challenges that some of these operators face. and in order to
in why we still have those. >>> plus do you think the rich pay their fair share of taxes? what if we told you they're paying more than ever before? "the wall street journal" steve moore is here with all of the facts. >>> thanks but no thanks. new york city mayor bloomberg tells president obama, not to visit the big apple after the storm. i say thank goodness. but one of my guests says bloomberg is way out of bounds. he is here to disagree with me. even when they say it's not, it is always about money. melissa: first after a two-day hiatus, let's look at market headlines. wall street swung back into gear on the first day of trading since superstorm sandy. stocks were choppy throughout the session. they closed mixed throughout the day. dow closed down 10 points. home depot closed higher on the dow. expected demand of home and construction supplies sent shares up 2%. that makes sense. facebook shares tumbled 4%. a lockup expired on 229 million shares today. another 804 million shares will become unlocked on november 14th. >>> lots of damage to assess. the president just spoke after touring n
-class tax cuts so they are no longer held hostage. you're willing to join majority and hold him hostage and not giving it should assurance. i want him to have that i want a farm bill passed so our farmers now delayed olympic i want to stand with our seniors and make sure that we don't balance the budget on their backs and break the promise to medicare we had to i believe mitt romney has ideas as well. i'm not so my way or the highway that i can't look at people objectively and go with what i think is best to every issue that comes before me, my question will be, what's best for this district. that's how i've operated and i continued to do so as a member of congress next year. >> just to be quick on your voting for president obama? hochul: i've said that before, yes. >> okay. there is another question on the floor. other congresswoman to mr. koh, if you will. hochul: chris, i joined mitt romney, president obama, kirsten gillibrand come when the long and many others in full disclosure because i put transparency is important. full disclosure of personal tax return by putting them online so
frustration. >> this is barbara on twitter. how do you respond? correct on the tax cuts. i am a republican for my issues which are limited government and lower taxes and less regulatory environment. i think in colorado where you find is you move west across the united states. the republican voter is a closet-libertarian type loder where it is limited government. it is an old west at age, keep government out of our lives. you see democratic voters as evident by our governor who moved more toward the center. if they could have another moniker it would be the common sense party. limited government and less washington, d.c. involvement. >> the governor is a democrat. what is the makeup of the state legislature? guest: we have a slight majority in the statehouse so we control the state house. in the state senate you have a slim majority. our attorney general and secretary of state and state treasurer are three other statewide elected officials. the governor, democrat who is very popular is obviously a democrat. it is representative of the voting population which we are helter-skelter and we hav
his funding. it is something i would pledge not to spend. almost half million dollars in tax payer funded mail. to communicate with constituents. let the candidates will respond in an alternating fashion to the questions. ms. bustos will answer the next question first. >> everyone is talking about cutting federal spending and reducing the federal deficit. i will let for both of you to talk about programs are spending in the 17th district that he would be willing to sacrifice and help lower the federal deficit. >> the budget is the defining issue. i see it as getting down to priorities. we obviously have a budget problem. we have to balance our budget. how are we going to do it? on the backs of seniors? as my opponent opposes, where it would charge those of medicare and extra six to $400 a year. i talk to people all over this district. they cannot afford an additional $6,400 out of pocket. are we going to do it on the backs of workers such as those upton to freeport to jobs are getting set to china? because there are tax incentives to do that? or are we going to continue to give tax
governor romney would manage to cu income tax rates by 20% without increasing the deficit? or which tax deductions he would eliminate? or specifically, how he's going to create the 12 million j is he's promised? or what barack obama's going to do in his second term? do you have any sense of that? >> well, in the case of the 12 million jobs, as we know, you don't have to do anything and you'll get 12 million jobs. any number of economists and moody's analytics have predicted that simply by keeping present policies in place, 12 million jobs will be created over that period.s so it's not much of a boast. as for the tax policy, my guess is that he doesn't know and he is just saying this.s. he has said he wants to cut taxes -- rates by 20%. and i believe he does and would. but when you ask him why that won't be a $5 trillion increase in the deficit, he says -- and i ove the third person, "if mitt romney says there won't be an increase in the deficit, there won't be. that's why and how." >> i know how he could, because some of the studies he cites make assumptions that would let him become re
, that's a more efficient use of tax dollars. >> cenk: michael there is no such republican plan. the only plan that exists is to cut fema. there is no plan to add money to the local levels. >> i'm not here to defend that. or argue it. i'm here to tell you from -- yeah, i'm a republican and yes i'm a partisan. here's how it really works and what we really ought to be doing. >> cenk: michael one last thing. if you're a voter throughout and you're worried about these disasters and they seem to be happening at a quicker pace now and one guy seems to have handled things fairly well and says i'm going to continue to do that and another guy says i don't really even believe in fema at the federal. >> eliot: and i don't have a plan to make anything better at the state or local. >> eliot: so good luck to you. as a voter which guy would you go for? >> look, i don't think that romney's rhetoric really is that. he may think that we need more efficiently or spend their money and i think we should. i think to the extent we c
about and some are already being worked on including congestion pricing and a downtown transit tax assessment district because downtown businesses are the greatest benficiencies and should be paying their fair share in terms of busing their employees on a daily basis. i think muni has had a shortfall ever since the state gas tax money, since we lost that money and we have to look at how we're going to solve muni's long-term budget problem and get a muni system that is efficient and runs on time and not cutting fares while expanding fees. we can do that with a vehicle license fee on the local level, with a gas tax on the local level and i would like to work with our state legislators to make that possible here in san francisco. >> thank you. miss olague? >> well, again, we have, as most of you know a transit-first policy in san francisco, and in my conversations with the mta, that is their justification for wanting to impose these fees or parking meter usage and what not. but i think that even though i have been a huge proponent of transit first for a number of years and i do suppo
will -- expansion wi. i guess my point is that many low income families don't file taxes. so the information that is -- because they're not required to, not because they're out of compliance. but they may not be required to file taxes. so snap information may be available in a way that you can fast track their medicaid eligibility because they provided recent information to the snap agency. so i don't think that that really, um, complicates the opportunities for coordinating between nap and medicaid significantly. >> thank you very much. i am going to give our panelists an opportunity if any of you have closing remarks that you'd like to jump in with before we wrap it up, or -- okay. well, thank you all very much for coming. [applause] [inaudible conversations] >> this program will reair on our c-span video web site, go to c-span.org. very quickly, president obama's put off campaigning for the two days to attend to hurricane relief efforts. he'll return to the campaign trail tomorrow, actually. in the meantime, vice president biden stands in for the president at an event in ocala, florida, t
tax money for a local zoo. opponents are casting their doubts. new continues in one minute. >>> a humbolt county man this is not the humbolt county man we're talking about right now. sorry. we have the wrong image there. there we go. a man is recovering after being attacked by a shark while surfing in you're creek -- eureka. authorities say the attack happened about 12:15 this afternoon. he was bleeding and listed in fair conditions. >> two teenagers will be charged as adults in a arson and murder case appearing in court today, 16-year-old and 18-year-old did not enter pleas. they're accused of choking a woman to death, robbing her home, setting the house on fire. they face charges of arson, robbery, murder committed during a robbery. >> and city of east palo alto plans to expand use of the shot spotter system. the u.s. department of justice and the smart policing initiative awarded the city 300,000ses today improve and expand this program. shot spotter as lous torts to -- authorities i'd and east palo alto in 2009 officials say improved technology can help problem solving
of the day which is revenue. we have seen our revenue cut significantly by taxes that arnold schwarzenegger cut his first day in office. we have a depoll that prop is trying to refill it. we should not have to do it at the ballot box when out of 40 state senators 14 have more power than 26. 14 can veto when 26 want. i tell fifth graders that and they say that is not democracy that is not possible. that is exactly the problem, we don't have democracy on all issues, revenue-related in the legislature, let the majority party do its job and if the voters don't like what the majority party is doing in no one jerry man dered districts change who is in power, it is call democracy. >> continuing on the theme of democracy, and how people engage with their elected officials and with government generally, clearly civic engagement is critical for a safe, strong and a vibrant state and i am curious what you have done and what you will do to encourage appropriate participation in democracy. >> i think that we could probably most simply define participation and democracy aside from community hearings and
tax revenues ever this year. the federal government as well as states and municipalities are said to take in a total of 602.4 billion euros, which beats earlier projections by almost 6 billion euros. the government says it will come close to balancing its budget next year. >> germany will pay out billions of tax reimbursements to foreign companies. that is in order to comply with a ruling from the european court of justice. >> the court found that foreign stockholders in germany paid too much in taxes on their dividends and ordered germany to rectify the situation. the payments are set to cost the treasury at least 3 billion euros. >> the german economics ministry has confirmed media reports that european and north african countries have begun negotiations on a mass of solar energy project in the sahara desert. >> the desert tech project would see solar energy produced in north africa and exported to europe. according to a german newspaper, a treaty could be signed by early next year. the first solar farm would be built in morocco. >> could the saharan son soon be powering europe
the largest budget surplus ever in history. it's going to make it possible tor us to cut taxes for every hoosier. but jon, you just said we pay for things in indiana. but when you were speaker of the house, for five of the six years you were running the state house, indiana ran deficits. when mitch daniels came into power indiana was $700 million in debt and had a deficit of $820 million. facts are stubborn things and i'd like to knoll how are we going to make sure and preserve the fiscal integrity of the state of indiana. >> if you had spent the last 12 years here you'd know our budget has to be balanced. i produce balanced budget t and they were supported by our own lieutenant governor. i find it laughable that a united states congressman would lecture anybody about fiscal responsibility. you voted five times, congressman, you you voted and the results increased our deficit by $200 billion with a b dollars. >> find key house and governor races on c-span campaign 2012. >> an update on hurricane sandy coming up at about 2:30 eastern which up until then with an election a few days away a
to businesses in form of lower taxes, so they can hire more people and purchase more equipment? that is an idea. we have the owner of metcalf manufacturer and tech resources. thanks for joining me guys. what do you think, bart? let me start with you. is this a fantastic idea? >> no, it is a terrible idea. a terrible idea. melissa: oh, why? >> why? well, you know, if you look at it creating a new agency, might have incredibly powerful and unknown potential regulatory control and far broad-reaching power. this is sort of a weird thing. i talked to, i talked several ceos about this last night and this morning. they were sort of like, what? melissa: not excited. >> very, very bad idea. not excited at all. i got off the phone with folks from sba actually. they are saying, you know what? maybe there is cost sharing achieved in sort of overarching agency. but guess what? the government sucks at firing people. melissa: yeah. >> pardon my french. but the cost sharing is only achieved when you can actually lay people off. this is terrible idea. melissa: carl what do you think? if it is a cabinet position
have been on the subject, given how much of it we have talked about. significant things like tax policy and policies on deficits. i think there is going to be a long period of time before we will get any action on this. i'm just talking about when someone puts out an idea, which has to be challenged in congress and debated, and then you get something fast, and then you have the implementation. after all, think about where we are as far as implementation in terms of obamacare. unfortunately, i am very pessimistic about when we finally get resolution. >> yes, sir. >> i am a student at harvard kennedy school. you started your remarks talking about the incredible remarks before the conservatorship. as we think about the entities that will follow, how we think about creating an appropriate amount of political installation against lobbying when it comes to capital requirements or appropriately pricing governments guarantee? >> that is a real important question. i can tell you that during my time in the conservatorship. we had really strong restrictions. we were not able to make any political
, that is why i am in support of our governor's tax measure because it brings critical funding to schools. that is why i am supportive of making sure that we are cleaning out and becoming more efficient through what i have done through office and to make government much more receptive and efficient. >> that leads into the question about civic engagement. it is critical that people are engaged to have a safe, strong and vibrant state. what have you done and what will you do to encourage the kind of participation that you are talking about. >> i think that transparency and disclosure are some of the main reasons that we have so little citizen participation, that is one of the reasons that i started up we stand san francisco it is an on-line society to engage citizen and order people to get more involved in government so that we cannot just have a conversation here, where people could make it, if people could be part of that conversation on-line, just like all of the folks at the richmond senior sen center, so they can participate. i think that what is lacking in government at times is real
to strengthen our budget reserves and i believe we can cut taxes for every resident. use every paper things in indiana. when you are speaker of the house, for five of the six years, indiana ran deficits. came in, indiaaniels was $700 million in debt and a deficit of $700 million. i would like to know, from my colleagues on stage, how we will mature and preserve the fiscal integrity of indiana. >> if you spent the last 12 years in india and not congress you would know that our budget needs to be balanced. i have a balanced bipartisan a balanced budget. and the things you talked about were supported by david long, and lieutenant governor. find laughable that united states congressman would lecture anyone about fiscal responsibility. you voted not once, not twice but five times congressman. you voted and the results in increased our deficit by 200 billion, billion with a b dollars. >> find a key house, senate and governor's races on the c-span, c-span radio and c- span.org/campaign 2012. >> a discussion on the current state and future of the news industry, focusing on investigative reporting a
, to tracking sales and expenses, quickbooks can help you manage... every detail of your business. and at tax time, all your records... will be automatically organized and ready to go, saving you time on prep work. quickbooks, guaranteed easy or your money back. learn more and get your free 30-day trial today... at tryquickbooksfree.com. >>> how did "the des moines register" rewrite its endorsement of a obama presidency four years ago into an endorsement of a romney presidency now? by magical thinking. by adopting mitt romney's magical thinking. after saying, quote, the president's best efforts to resuscitate the stumbling economy have fallen short, the editorial then says that the problem with the economy is the consumers have to feel more confident. and without giving a single shred of evidence as to why consumers would feel more confident with a romney presidency, the editorial board simply believes it will happen. that's it. it will happen like magic. consumers must feel more confident about their own economic futures to begin spending on the products and services that power the economy.
of touch plutocrat with secret tax returns and offshore bank accounts. >> rose: why did they let that happen? >> well. >> i mean it is a great question. if they win it will hook like they amended it brilliantly, right in so, and i think he had a decent chance to win. i think they believed they were difficult attacks to respond to and attacks they didn't have the resources to respond to at that point. >> rose: because at that time super pac money hadn't kied in? >> the campaign ielf th't ve money because they had to spend only money for the nomination and hot the election. >> rose: so in other words it could only kick in after the nomination? >> right. but there are other variables include governor romney wasn't comfortable doing the kinds of things they did at the convention. i mean, one of the big mysteries which i still have not unraveled is at the convention, you had testimonials from these families who dealt with governor romney when he was engaging in, engaging in extraordinarily generous and personal acts of kind tons their family, we didn't see him before the conventn, we
to reopen and som expect heavy selling as investors whose fiscal years end in october are looking to get tax benefits by getting rid of losing stocks. insurance companies are preparing for payouts to customers who were affected by the storm. early estimates suggest insurance companies will spend $5 to $10 billion covering costs. bloomberg news reports aig alone could pay upwards of $4 billion. to get fast action from insurance companies, bloomberg suggests: take inventory of what you lost, read terms of your coverage, and check for a hurricane deductible. if you don't have flood insurance, you may be eligible for federal disaster assistance, grants or loans. president obama is already making government assistance available in new york city and parts of new jersey. an executive-level shake-up at apple: two senior vice presidents, one in charge of apple's retail stores and the other tied to the google maps debacle, are leaving the company. john browett's departure is immediate. he cut staffing hours at apple's retail stores, a traditional retail move to improve profits but which, at apple, und
that includes [hr-ufrpl/]ry condominium for the ultra rich, corporate tax breaks, chain stores and parking garages, a vision for san francisco that doesn't include a lot of everyday people. it's getting to where students and seniors on fixed incomes and young families and teachers and firefighters and everyday folks can no longer afford to live in san francisco. we have a crisis of affordability here. i think the city's economic development polices have a lot to do with why we're starting job/housing imbalance when you are so focused on the power elite, the twitter tax breaks and not focused, which i think we need to start to do. on the economic development interests of our small businesses. which are the life blood of the san francisco economy 80% of our economy is small business along our commercial corridors and most jobs are created by small businesses each year. the city needs to reorient its economic polices towards small businesses and start to remove the red tape and stream-lining the permitting process and other ways to facilitate small businesses to thrive and survive in san fra
income tax cheating. not admitting anything but maybe maybe. >> stephen: that's okay. tell us about the nblg tax. >> a little bit. >> stephen: the i.r.s. has a great sense of humor. (laughter) >> oh, they've got a file on me, yeah. >> stephen: do you think so? >> we've had issues over the years. >> stephen: have you ever done a foya request on yourself? >> a what? >> stephen: foya request? >> oh, freedom of information? >> stephen: do i know more about the law than you do? is that what that is? (laughter) foye ya. have you ever thought about writing something other than lawyers? have you written books about anything other than lawyers? >> i've written a couple books about football, a book about baseball, a book about -- a couple comic novel bus i always come back to the law, that's whey what i know. i couldn't write about architects or dentists or anything you know. they wouldn't sell. people love stories about lawyers, especially crooked lawyers and dead judges. this stuff sells. (laughter) it sells. (cheers and applause) >> stephen: you've got to go with what you know. john grisha
to continue to provide tax cuts for businesses like yours. but you don't see it coming? >> you know, what we've seen is the family owned business president obama has been clear on his views of the estate tax. we think one of the greatest things on the economy is allowing family owned businesses to remain family owned. impediments to that is an estate tax to backwards it forces family-owned businesses whether family farms or business like white castle to reconsider their structures in terms of how they can continue to be prosperus and give back to team members. we know it's something we call patient capitol to do the right thing by the team members and people because they're investing in the future, when you put a state tax into the mix that is not just policy for allowing family businesses to continue to grow. >> coming up where is maiga storm sandy headed next? a check on sandy's path, next. hahahaha! hooohooo, hahaha! this is awesome! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah
there is a lot to be said for that. >> the president says he wants to continue to provide tax cuts for businesses like yours. but you don't see it coming? >> you know, what we've seen is the family owned business president obama has been clear on his views of the estate tax. we think one of the greatest things on the economy is allowing family owned businesses to remain family owned. impediments to that is an estate tax to backwards it forces family-owned businesses whether family farms or business like white castle to reconsider their structures in terms of how they can continue to be prosperus and give back to team members. we know it's something we call patient capitol to do the right thing by the team members and people because they're investing in the future, when you put a state tax into the mix that is not just policy for allowing family businesses to continue to grow. >> coming up where is maiga storm sandy headed next? >>> monster storm sandy, what is the latest, rick? >> last couple images here on the radar you can see that they just begin to fade off just a little bit. less precipitati
to have an intermediary, although you can choose to. there is tax relief, how so? >> that is a question. in terms of tax relief, there are questions as to whether the legislators were going to reach out and provide tax benefits for businesses that have been affected by the disaster. historically we have not seen that, but it is being discussed. gerri: free legal services to be available from fema. is that typical? >> it is. the federal government reaches out and tries to do what i can't help small businesses. that is available from the government, where you can get those types of services. gerri: the cdc will have some clean-up tips. is that on their website. >> absolutely. you can go to cdc and get those helpful tips as well. gerri: i know people tonight are sitting at home talking about what can i do, what can i do right now to help get this back up and running? would you say to people who are looking for that disaster plan? >> you need to assess the damage, assess the damage i like to your existing business, but project going forward with this will do to your local economy, particula
a lot about them. >>> reporter: >> redistricting, state tax law, and budgeting cycles are not hot button issues and they are not easy to understand. >> reporter: they're not exciting and sexy. >> no, they are not exciting. they're not sexy. >> reporter: but they are important. let's start with proposition 31. vote yes and it would change the legislature's budget cycle from one to two years. supporters say it would allow local governments more planning time because they would know in advance how much money they get. and in gives the governor the power to reduce spending if there is a budget emergency. opponents say it's unclear what would really happen if this measure passes because the budgeting process is so complicated. money is at the heart of proposition 39. vote yes and it forces multi- state businesses to pay more in taxes based on their california sales bringing the state an extra $1 billion a year. >> yes. this is actually a way to close a tax loophole. it would bring revenue to the state. the polls show that it's likely to pass. >> reporter: opponents warn, though, prop 39 could
for the homeless should come from downtown corporations through the war profit tax and provide housing for the homeless. we have a cacantacy rate here that is high and park merced where it's high and i believe those units should be used to house homeless people with the revenue generates from the war profits tax so that's what i would propose in dealing with the homeless issue. >> all right. thank you sir. mr. rogers. >> you know sadly the 50% of the homeless are actually vietnam veterans and so this makes homelessness really a national embarrassment. in the past they had post traumatic stress disorder was claimed to be -- the people had it before they were in war, before they went through a terribly difficult time and they did not provide the people any money. fortunately with the obama administration this has changed and these people are coming back and being able to be given some money, so on the federal level i think there's some improvement. when it comes to san francisco i think we need to do more, and i would research this further and answer that question later. thank you.
to send a message to washington: stop spending money we don't have. how can we afford this tax? ...big corporations and the richest two percent. >> what's at stake is the future of america. >> it costs us, and taxes us, too much. >> american future fund is responsible for the content of this advertising. >> ryssdal: i knew right away this wasn't going to be the usual story on campaign finance. one of the first surprises was finding myself driving the dark streets of denver with attorney alan schwartz, who shared kind of a strange experience. >> it was early january of 2011, and my wife, who had just been reelected to the colorado state senate, got an e-mail from someone who claimed to have some information about a group that had sent out some attack ads against my wife. >> ryssdal: the guy said he had some documents, and a week later... >> i heard from this individual again. still not identifying himself, but telling me that if i wanted to see the documents, then i needed to get them that day. >> ryssdal: had to be that day. >> had to be that day. >> ryssdal: schwartz agreed to meet th
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